JUST ADDED - $20.00 - 1853-O PCGS AU55

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JUST ADDED - $20.00 - 1853-O PCGS AU55

16,000.00

Date…….1853-O
Grade…….PCGS AU55
PCGS Price Guide………18500
Population (PCGS)…….31/16
Population (NGC)……...38/31
Serial Number…….8910.55/36236801
PCGS Lookup Number…….8910

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SCARCE PCGS AU55 1853-O DOUBLE EAGLE

The 1853-O is the fourth most available New Orleans double eagle after the 1850-O through 1852-O issues. The 1853-O becomes scarce in properly graded AU55, very rare in AU58 and extremely rare in Uncirculated with just a small number known.

Most AU55 examples of this date have been scrubbed and/or are excessively abraded and this choice example is neither. It is very lustrous with pleasing light natural orange-gold color atop surfaces which are much cleaner than normal for the date and grade. There is nominal wear seen on the high spots and this coin likely saw little in the way of actual circulation.

Since late 2014, just two PCGS AU55 1853-O double eagles have sold at auction and these realized $16,200 in January 2018 and $17,038 in April 2017.

This date is essentially unavailable in grades higher than AU55 and the availability of nice PCGS examples in this grade is extremely limited. This piece will make a gret addition to an important set of New Orleans double eagles.